Xpansiv spin-off pounds pavement with convertibles deal

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Xpansiv spin-off pounds pavement with convertibles deal
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Fuitur is pitched as a “highly scalable, capital efficient” business that would create high-margin revenue streams over time.

Now, a unit that was once a part of the empire is back in front of investors, and seeking to secure financing via a convertibles note deal.

For investors, the business model is expected to generate revenue from one-time fees that finance opex and platform, as well as recurring fees that compound over time, the flyer said.

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